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Central China Land Media Co (SZSE:000719) Days Inventory : 79.49 (As of Mar. 2024)


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What is Central China Land Media Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Central China Land Media Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,102 Mil. Central China Land Media Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,265 Mil. Hence, Central China Land Media Co's Days Inventory for the three months ended in Mar. 2024 was 79.49.

The historical rank and industry rank for Central China Land Media Co's Days Inventory or its related term are showing as below:

SZSE:000719' s Days Inventory Range Over the Past 10 Years
Min: 51.83   Med: 63.75   Max: 75.1
Current: 73.55

During the past 13 years, Central China Land Media Co's highest Days Inventory was 75.10. The lowest was 51.83. And the median was 63.75.

SZSE:000719's Days Inventory is ranked worse than
69.76% of 658 companies
in the Media - Diversified industry
Industry Median: 25.325 vs SZSE:000719: 73.55

Central China Land Media Co's Days Inventory declined from Mar. 2023 (93.20) to Mar. 2024 (79.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Central China Land Media Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.15.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Central China Land Media Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.58.


Central China Land Media Co Days Inventory Historical Data

The historical data trend for Central China Land Media Co's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Central China Land Media Co Days Inventory Chart

Central China Land Media Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.46 65.87 75.10 71.64 63.66

Central China Land Media Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 93.20 71.88 74.86 64.90 79.49

Competitive Comparison of Central China Land Media Co's Days Inventory

For the Publishing subindustry, Central China Land Media Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Central China Land Media Co's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Central China Land Media Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Central China Land Media Co's Days Inventory falls into.



Central China Land Media Co Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Central China Land Media Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1128.496 + 985.659) / 2 ) / 6060.807*365
=1057.0775 / 6060.807*365
=63.66

Central China Land Media Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (985.659 + 1219.028) / 2 ) / 1265.477*365 / 4
=1102.3435 / 1265.477*365 / 4
=79.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Central China Land Media Co  (SZSE:000719) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Central China Land Media Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Central China Land Media Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Central China Land Media Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Central China Land Media Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Central China Land Media Co (SZSE:000719) Business Description

Traded in Other Exchanges
N/A
Address
No. 45 Tanan Road, Henan Province, Jiaozuo, CHN, 454000
Central China Land Media Co Ltd is engaged in internet information services for news, publishing, education, culture, radio, film, and television programs. It is also engaged in the production, and distribution; media operation planning, graphic design and production; electronic network engineering; Edit, print, and distribute newspapers, electronic publications, audiovisual products, online publications, and emerging media.

Central China Land Media Co (SZSE:000719) Headlines

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